525 NW 77th St | Boca Raton, FL 33487
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- LoopNet Team
525 NW 77th St
Boca Raton, FL 33487
Residence Inn Boca Raton | 120 Room · Hospitality Property For Sale
·
76,514 SF
INVESTMENT HIGHLIGHTS
- STARTING BID $4,500,000 | Residence Inn by Marriott Boca Raton | 120 Rooms | 4.26 Acres | AUCTION JUNE 9-11, 2025
- Franchise Agreement in Place Through 2029 | $4.08M Room Revenue (T12 February 2025) | Strong RevPAR Upside | 3-Year Avg. RevPAR Index of 119.9%
- Situated at the I-95 & Congress Ave Interchange | ±227,000 Vehicles Per Day on I-95
- 120-Key Residence Inn by Marriott | Property sits on ±4.26 Acres
- Zoned M-3 / PID | Live Local Act Eligible for Multifamily Redevelopment | Value-Add Opportunity Through Property Refresh & Operational Efficiencies
- 12.4% Population Growth (2020–2024) | Projected 5.54% Growth (2024–2029)
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/2009 |
| Building Class | B | Tenancy | Single |
| Lot Size | 4.26 AC | Parking Ratio | 1.97/1,000 SF |
| Construction Status | Converted | Corridor | Exterior |
| Building Size | 76,514 SF | ||
| Zoning | M3PID - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.26 AC |
| Construction Status | Converted |
| Building Size | 76,514 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1988/2009 |
| Tenancy | Single |
| Parking Ratio | 1.97/1,000 SF |
| Corridor | Exterior |
| Zoning | M3PID - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
- Digital key
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 06-43-46-31-01-001-0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $8,000,000 |
PROPERTY TAXES
Parcel Number
06-43-46-31-01-001-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$8,000,000
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